Bitcoin Forum

Bitcoin will fall below 200$ within a month from today (75%) or two months from today (25%), the feds will sell DRPs confiscated coins within that period (30%).

if the feds end up selling DPR's coins, people would realize it and not panic. besides, the govt selling all those coins i don't think would make that kind of impact. barring any major catastrophe, i don't see bitcoin going below $200 any time soon. the market, through every bubble, gets more and more structurally firm.

You do know that the DPR stash is about 2 days turnover in China?  Bitcoin is not an American project that the Feds can control.

The FBI already said that is not going to touch those coins, I suppose a proper trial is needed first right?

1. We are not getting to $200 ever again.
2. The only way we possibly COULD get to $200 in the next month is IF the FBI dumped DPR's stash on the exchanges all at once.
3. The FBI won't be touching the coins until DPR is found guilty because otherwise they have to return the coins to him.
4. Attempted murder cases typically run over a year and drug trafficking cases aren't much quicker.
5. So this won't be happening, so there is ABSOLUTELY NO CHANCE of $200 unless bitcoin fails completely due to broken encryption or something.

We are yet in another bobble ladies and gentlemen, despite it being hyped up by Chinese media.

http://s15.postimg.org/hou1yfh0r/Untitled.png

i really have no idea what the other markets will do tho.... dose it matter  8)

Agree with AdamstgBit, look at the last correction in the $300s. It's on a positive stability oscillation.
Price should settle in around low $700 then continue another slow rise.
Good news for all the new buyers who are setting up accounts as we speak as a result of Monday's hearings and press.
We won't repeat the first two spikes. This should be more like the last spike and dip.

This.

I am 100% positive the FBI will do nothing with DPR's coins until he is given the due process of a criminal trial by jury and convicted as guilty.

Even if/when they do liquidate the coins, they will NOT be selling them on an exchange - governments don't work like that.  They will liquidate them by selling them off in lots in a public auction like they do with any seized goods like cars, houses, or jewelry.

...and the hype from the U.S. Senate hearings? Does that not also give legitimacy to the current price?

nope, already bursted and passed the bull trap. now we are heading for capitulation and return to mean

Heading down...

yeah and dont forget the "bottom fishers keep trying"

No it won't, it will hit a bottom of $270-$360, then stabilize for a while, then start a slow rise to prepare for the next bubble. It's looking approximately like the April bubble, so it will probably crash to 30% of the peak, possibly a bit higher this time (say 40%).

Why would the FBI sell dpr's bitcoins. They hold it to buy kinderporn with it.

whos the best TA?


 ;)

bump

we are not even close to $200 yet. we might get there, but it's already been stated that the FBI will auction DPR's BTC. it won't be sold on an exchange, where the price changes.

Hey Adam! We'll see $180 in 5 business days!

OP you are absolutely correct except for the fact that 200 is coming tomorrow or day after tomorrow.

Actually bitcoins seems to be stabilizing around $600 USD  right now.

yeah.. exactly in the same way as it "stabilized" around $800 just 8 hours ago :D

475$ people

Now you have cheap coins, you waited for this right?

$400 would be my prediction. It might dip lower momentarily but I don't see it going below $400 average for any amount of time.

I have a feeling that we just saw the low about 20 minutes ago, I got a few coins just under $400 and put in a few more orders for $350 and $300, but I don't see those orders being filled.

I think we will see it bounce $400-500 into the new year and that we won't see a stable $600 for another 3-4 months.

I have made a semi accurate prediction, bow down thee

Nope, never happened. Sorry :D

So , what's going to be next? Up or down? Is it worth to buy BTC now and hold it for quite a lot of time? How do U think?

i'd say this is a solid time to buy and hold at

could go down a bit if ur not that eager to get on the train 8)

of course you have

https://encrypted-tbn2.gstatic.com/images?q=tbn:ANd9GcQpgp72A1-fotvRp4jjEcVKZgDNEueBBN4aXf_tO5NM9GfNUI5hsA

You might make some in the short run but my advice would be to SELL SELL SELL. This bitch is going to crush so bad you will be biting your elbows.

Based on your lousy, throw it against the wall and see what sticks, totally wrong previous predictions I think I'll buy a couple today.

 wow! Many ideas, to say simply  :) Anyways, thanks to everyone for answers and suggestions. By the way, what's the best place to buy BTC. Like, I have funds in Payza account. My main problem is that my country doesn't allow PayPal. So, considering all this, what would U advise me to do?
 Thanks a lot to everyone for your support and have a nice day  :)

I concur. BTC will never hit $200 again, unless it is on its death-bed ... very unlikely.